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H.E. Abdulla bin Touq Al Marri: Under the wise leadership’s vision, the UAE has built an innovative economic model based on global best practices. The continuous growth of the national economy reflects the success of the UAE’s economic diversification policies.
We remain committed to achieving the goals of “We the UAE 2031”, aiming to expand the UAE’s GDP to AED 3 trillion by the next decade and securing the UAE’s position as a global hub for new economy.
Hanan Ahli: The UAE’s robust economic performance is backed by a clear future-oriented vision focused on sustainable economic growth.
Additional Subtitles:
• UAE’s real GDP reaches AED 1.322 trillion
• Non-oil GDP reaches AED 987 billion
• Contribution of non-oil sectors to real GDP is 74.6%
• Top-growing sectors: Transport, construction, finance, government, and hospitality
• Leading contributors to non-oil GDP: Trade, manufacturing, finance, construction, and real estate
• Nominal GDP reaches AED 1.486 trillion (6% growth)
• Nominal non-oil GDP reaches AED 1.136 trillion (6.6% growth)
The UAE has recorded significant growth in its real GDP by 3.8%, reaching AED 1.322 trillion in the first nine months of 2024, compared to the same period in 2023. Meanwhile, non-oil GDP expanded by 4.5% to AED 987 billion, accounting for 74.6% of total real GDP, while oil-related activities accounted for 25.4%.
Commenting on this performance, H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the UAE’s sustained economic growth is a testament to the success of its policies and strategies aimed at enhancing economic diversification, streamlining business operations, and driving the expansion of new economy sectors as key drivers of sustainable economic and social development. He highlighted that, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the UAE has built an agile and globally competitive economic model capable of adapting to global challenges and rapid changes.
“The UAE continues to increase the contribution of non-oil sectors to the national economy by developing flexible economic legislation, enhancing global trade openness, and building strategic partnerships with key international markets. These efforts align with the “We the UAE 2031” vision, which aims to grow the UAE’s GDP to AED 3 trillion within the next decade and secure its position as a global economic hub,” H.E. bin Touq added.
Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated: “The UAE’s GDP growth over the past nine months reflects our strong economic performance and future-driven vision focused on sustainable economic expansion, led by non-oil sectors.”
“Economic diversification remains a key pillar of the UAE national strategy, ensuring long-term growth in the economy and in key economic and development indicators,” she emphasized.
Top-Growing Economic Sectors
During the first nine months of 2024, the UAE’s fastest-growing economic sectors showcased remarkable expansion compared to the same period in 2023. The transport and storage sector experienced a significant growth of 7.9%, largely driven by a surge in passenger traffic at UAE airports, which welcomed over 103 million travelers, marking a 20% increase. Similarly, the construction and building sector expanded by 7.4%, fueled by substantial investments in large-scale urban infrastructure projects. The financial and insurance sector also saw steady growth, rising by 6.8%, while government activities expanded by 5.0%. Additionally, the hospitality and restaurant sector recorded a 4.9% increase, reflecting the continued momentum in the tourism industry.
When examining the key contributors to non-oil GDP, trade emerged as the largest sector, accounting for 16.5% of total non-oil economic output. Following closely behind, manufacturing contributed 15.1%, underscoring the UAE’s industrial strength. The financial and insurance sector played a crucial role, making up 12.1% of non-oil GDP, while construction and building activities contributed 11.7%, and the real estate accounted for 7.6%.
Overall, the UAE’s nominal GDP reached AED 1.486 trillion during the first nine months of 2024, reflecting an impressive 6% year-on-year growth. The nominal non-oil GDP also grew significantly, reaching AED 1.136 trillion, with a 6.6% increase. Notably, non-oil sectors contributed 76.5% to the total GDP, further highlighting the UAE’s progress in economic diversification and sustainable growth.
United Voices for 2045: UAE Launches a Global Survey to Shape the Future of Sustainable Development
Memorandum supports UN World Data Forum 2018 to be held in Dubai this year
Dubai August 6, 2018
The Federal Competitiveness and Statistics Authority (FCSA) has signed a partnership agreement with the Statistical Centre of the Gulf Cooperation Council for the Arab States of the Gulf (GCC-Stat), as it prepares to host the second UN World Data Forum in the UAE on October 22, 2018.
The Memorandum of Understanding (MoU) took place at the Authority’s headquarters in Dubai, with His Excellency Abdullah Nasser Lootah, FCSA Director General and Chairman of the Organising Committee of the UN World Data Forum 2018, and H.E. Saber bin Saeed Al Harbi, Director General of GCC-Stat, as signatories. Attending the ceremony were a number of dignitaries and officials from both sides.
“This MoU is a tangible result of the wise leadership’s directives to build bridges of cooperation between the UAE and the GCC. The agreement outlines the framework of collaboration that will enhance the UAE’s readiness to host the UN World Data Forum 2018, which seeks to achieve the United Nations’ 2030 Agenda for Sustainable Development (2030 Agenda), not only in the UAE but also across the region and the world. The effort to bring together local and regional organisations to work together reflects our commitment to producing a premium platform for the forum – one that befits such a prestigious global event,” said H.E. Abdullah Nasser Lootah.
For his part, H.E. Saber bin Saeed Al-Harbi explained that the agreement is a confirmation of GCC-Stat’s commitment to supporting initiatives and events related to statistics, in general, and the UN World Data Forum 2018, in particular. He described the MoU as one of the most important to facilitate a global platform for seamless Gulf-wide statistical work, and one that stands to benefit all related stakeholders in the region.
Dr Fahad Bin Sulaiman Al Tekhaifi, President of the General Authority for Statistics (GaStat), asserted that the forum brings together leaders, decision makers and experts in the field of data science and statistics, as well as data producers and users from around the world. He reiterated that it represents an ideal opportunity to highlight the most important topics and introduce the latest technologies related to statistics in an interactive environment that endorses the exchange of information and ideas, as well as promotes innovative initiatives aimed at strengthening the capacity of participating states to harness data and statistical systems, and implement the 2030 SDGs globally.
“We are delighted to join hands with the UAE and to support it with the hosting of the UN World Data Forum 2018. This joint venture will help ensure the success of the 2018 Forum – an event that will enhance the position and stature of GCC statistics agencies globally,” said Othman Abdullah Al-Othman, Acting General Director of the Central Statistics Bureau and Assistant Undersecretary for the Statistics Sector, Kuwait.
“The collation of accurate statistical data is a fundamental pillar for the development process, as it provides indicators that play a pivotal role in decision-making, planning and the preparation of economic, social and environmental policies. Strong and effective statistical systems are vital to generate the large amount of data that is required to plan effective policies that cover all aspects of community activity,” he added.
Al Othman highlighted the importance of hosting major statistical platforms such as the UN World Data Forum, as it reflects the GCC countries’ support to Sustainable Development Goals (SDGs), facilitating partnerships between GCC, regional and international organisations. This, he said, leads to the enhancing of cooperation between users and producers of statistical data and improves the effectiveness of economic and development policies at the national, regional and international levels.
“Through the UN World Data Forum, we look forward to addressing important issues, such as national capacity-building and financing, improving data collection, integrating non-traditional sources of data and reviewing the progress of the Cape Town Global Plan of Action for Sustainable Development Data, which was agreed upon at the first World Data Forum. By addressing challenges in global data collection and collation, we can examine the solutions that will enable us to meet the 2030 Agenda,” Al Othman concluded.
Dr Nabeel Mohammed Shams, Deputy CEO, Statistics & Population Registry in Bahrain, stressed the importance of this Forum as it brings together the leading producers and users of data from around the region and the world, which will endorse global efforts in launching innovative initiatives that improve the quality of data generated on health, migration, refugees, education, income, environment, human rights and other core areas of sustainable development.
“The UN World Data Forum is an important gateway to exploring innovative approaches to applying data and statistics in measuring progress globally. It provides an ideal platform to launch initiatives and solutions that will provide better data for all by sharing experiences that will enrich discussions and improve the use of data in sustainable development,” said Dr Shams, who praised the Federal Competitiveness and Statistics Authority for its efforts to host the event.
Dr Khalifa bin Abdullah bin Hamad Albarwani, CEO of the National Centre for Statistics and information, Oman, noted that the Sultanate has placed great emphasis on statistics since the very beginning of the renaissance sweeping across the country, under the leadership of His Majesty Sultan Qaboos bin Said, by virtue of its great role in decision and policy making.”
“The UN World Forum 2018 is a great event, and one we can count on to discover innovative ways to utilise data and statistics to quantify international progress,” he added.
The second edition of the UN World Data Forum 2018 will provide an opportunity to network with organisations, companies, institutions, universities and experts from all over the world, all the while promoting the 2030 Agenda. With global leaders in data and statistics attending, along with a large number of officials from government and business sectors, the forum is expected to receive wide media coverage from various local, regional and international media agencies.
Dubai, August 5, 2018
The SDGs and the upcoming UN World Data Forum were discussed in a meeting between DSG Amina Mohammed and Abdulla Lootah, DG of FCSA at the UN HQ in New York. In particular, how advanced technologies and data can be utilised to serve nations as they strive to achieve the Sustainable Development Goals (SDGs).
Lootah discussed the UAE’s experience in this regard, highlighting its national and international efforts in support of the SDGs. Hosting the 2nd UN World Data Forum is another opportunity to bring together all stakeholders and focus the world on how to harness the power of data to serve humanity.
"The UN World Data Forum in Dubai ignites the possibilities of technology giving ambition to the critical role of data in monitoring, measuring and achieving progress towards an inclusive, resilient and sustainable future for everyone. The
data revolution creates the opportunity to harness new technologies making the invisible visible and giving the most vulnerable communities a voice in determining a dignified future," said Amina Mohammed, Deputy Secretary-General of the United Nations.
"With a host of international experts, government officials, the private sector and civil society actors set to attend, the upcoming UN World Data Forum is going to offer a truly global platform to share experiences and innovations that can support nations in their drive to meet or exceed the Sustainable Development Goals," said H.E. Lootah, Director General of the FCSA. "We are hosting the UN World Data Forum to highlight UAE’s leadership commitment and to advance this important global commitment; that every nation in the world, can enjoy a decent level of living, health care and education. The Forum will provide an opportunity for participants to learn about the latest data, which will contribute to finding solutions to these challenges in the future."
As the host country, the UAE is working closely with the United Nations and the High-level Group for Partnership, Coordination and Capacity Building to bring together major producers and users of data to collaborate and launch innovative initiatives that will deliver better data on health, education, economy, environment, gender equality, disables (people of determine), and other aspects of sustainable development. A special emphasis will be on advanced technologies, such as artificial intelligence, and its role in driving data transformation in support of the Sustainable Development Goals, with the UAE showcasing a wide range of best practices and innovations in the field of data and statistics.
The second UN World Data Forum will welcome more than 1,500 data experts, policy-makers, and representatives from academia, private sector and CSOs from around the world. The event follows the inaugural forum, which took place in 2017 in Cape Town, South Africa.
The Federal Competitiveness and Statistics Authority signs agreement with Dubai Electricity and Water Authority to support the UN World Data Forum 2018
DUBAI, 28th July, 2018 (WAM)
The Federal Competitiveness and Statistics Authority (FCSA) has signed a memorandum of understanding (MoU) with the Dubai Electricity and Water Authority (DEWA) to build a strategic relationship to support the United Nations 2018 World Data Forum, to be hosted by the United Arab Emirates in October 2018. More than 1,500 leaders, decision makers, experts and specialists in the field of data and statistics from around the world will attend the event.
The MoU was signed by H.E. Abdullah Nasser Lootah, FCSA Director General, and Chairman of the Organising Committee of the UN World Data Forum 2018, and HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, in the presence of senior officials of both organisations.
H.E. Abdullah Nasser Lootah, FCSA Director General, said: "Energy sustainability and efficiency improvement is one of the key sustainable development goals. Underlining its visionary leadership, the UAE has adopted a long-term strategy to promote this goal, and reduce that nation’s dependence on traditional energy sources. Our nation has taken concerted initiatives to diversify energy sources and increase the contribution of clean energy to the overall mix to ensure sustainability for our future generations. The availability of accurate statistical data and information will support the development of future scientific and knowledge plans that will drive the efforts of national institutions in this field."
"The MoU signed with Dubai Electricity and Water Authority (DEWA) will integrate the efforts of national institutions to contribute international expertise and best practices in building national capacities in statistical fields. This will help provide data that serve the objectives of the national development agenda, and highlight the UAE’s leading position as one of the best countries in the world in the use of data and information to achieve sustainable development in all fields and sectors," he added.
"We are pleased to be the strategic partner of the UN World Data Forum, organised by the Federal Competitiveness and Statistics Authority. This underlines the position of the UAE as an ideal platform for hosting the biggest and most important conferences and forums, thanks to its robust infrastructure and capabilities to organise major events. The Forum will be an opportunity to discuss the growing importance of data for governments around the world and the need to develop ways for collecting and processing data to achieve the Sustainable Development Goals 2030. We are sponsoring this international forum because we believe in the important role data and statistics play in building smart cities and promoting the transformation towards a knowledge-based economy by encouraging creativity and innovation. This is achieved by utilising data to develop innovative solutions, smart applications, and value-added services. Through Digital DEWA, the digital arm of DEWA, we are redefining the concept of a utility to create a new digital future for Dubai. DEWA will disrupt the entire business of public utilities by becoming the world’s first digital utility using autonomous systems for renewable energy and its storage, expansion in Artificial Intelligence adoption, and digital services. Dubai will be the first city to provide AI-based electricity and water services. DEWA will launch a futuristic digital platform, a data hub named MORO, to improve the UAE’s digital capabilities to develop smart cities, provide state-of-the-art innovative solutions, and a successful model for Dubai and the world," said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA.
Al Tayer appreciated the efforts of the Federal Competitiveness and Statistics Authority in preparing, managing and presenting the UAE’s bid dossier to host the UN World Data Forum 2018. He emphasised the importance of the forum’s topics, which focuses on sustainability. DEWA attaches great importance to supporting the UAE’s efforts in line with the UN’s Sustainable Development Goals 2030. DEWA is committed to adopting sustainability as a main priority for its strategic direction, plans and initiatives, to support the Dubai Clean Energy Strategy 2050, which aims to provide 7% of Dubai’s total power output from clean energy by 2020, 25% by 2030 and 75% by 2050, and the Dubai Plan 2021, which aims to make Dubai a city that is sustainable with its resources and supported by environmental elements that are clean, healthy, sustainable.
The MoU provides for DEWA to share resources and expertise to contribute to the organising this important global gathering, which examines the impact of data and its role in achieving the goals of the Sustainable Development Agenda 2030, in a way that is commensurate with the distinctive position of the UAE and its role in stimulating international cooperation to achieve development goals at global levels. The two entities will review the UAE’s leading global experience in drawing on data to shape future policies and plans in many areas, including the energy sector. They will also highlight the most prominent national projects and achievements achieved by the nation to support the global commitment to promote energy sustainability.
The two organisations will also leverage the discussions and recommendations of the forum and benefit from international expertise to build the competencies of national talent, improve their skills and develop their expertise in statistical fields to deploy them in the development of plans, visions and common policies that serve the achievement of development goals at the local level, including the objectives of the National Agenda for Vision 2021 and the UAE Plan 2071.
The MoU will leverage the activities of the global forum, which is hosted by the UAE to consolidate its position and leading role in building bridges of cooperation and establishing effective partnerships for data exchange and promoting its optimal use to achieve the goals of sustainable development 2030.
The UN World Data Forum 2018 will provide an opportunity to network with organisations, companies, institutions, universities, as well as experts, specialists, and data workers from around the world.
The forum will be attended by leaders of data, and a large number of officials from government and business sectors, who will take part in specialized discussion sessions in establishing a scientific environment to enhance the contribution of data and statistics to achieving the goals of sustainable development 2030.
UAE First Regionally and Seventh Globally, According to IMD World Competitiveness Yearbook 20182018
Mohammad Bin Rashid: Our competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks
UAE is number one globally in 23 indicators including “Government Decisions” and “International Talent”
- UAE is the only country in the region to be among the top 10 in the World Competitiveness Yearbook 2018
- UAE maintained its leadership in the region and moved up three ranks from 2017’s position
- UAE moved up 21 positions in 7 years from 2011 till 2018
- Mohammad Bin Rashid: We have the determination, we have the talent, and we have the resources. Being Number One suits our nation
- Mohammad Bin Rashid: UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
Dubai, UAE – 23 May 2018
The United Arab Emirates came in first rank regionally and seventh rank globally in global competitiveness. That is according to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss based Insatiate of Management Development (IMD) that was unveiled today. According to the report, the UAE out-performed advanced economies such as Sweden, Norway and Canada and has jumped 21 ranks between the years 2011 and 2018.
According to the report, the UAE came first globally in various indicators such as “Government Decisions”, “Public-Private Partnerships”, “Employment” and “International Talent”. The UAE also came second globally in “Business Efficiency” factor, and third globally in “Diversification of Economy”, “City Management” indicators, forth in “Energy infrastructure” and “Development and Application of Technology” indicators.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai stated that the UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
His Highness added that UAE’s competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks, stressing that we will continue in the competitiveness race and we will not settling for anything less than being number one globally. His Highness concluded by saying” We have the determination, we have the talent, and we have the resources. Being Number One suits our nation.
Emirati Leadership
The IMD World Competitiveness Yearbook 2018 is comprised of four key factors, 20 sub factors and 340 indicators that cover all the major areas of a nations competitiveness in social, administrative, business economic topics that also include government efficiency, education and innovation. In the Economic Factor, the UAE moved from fifth globally in 2017, to third globally in 2018. It also retained its fourth global rank in the government efficiency factor.
On an indicator level, UAE held a number of advanced position in various indicators such as International Trade (1st globally), Employment (3rd globally), and International Investment (10th globally). UAE also achieved high ranks in a number of indictors such as first globally in Employment as a percentage of population, 3rd globally in Diversification of Economy, 5th globally and Export Growth and 6th globally in Youth Unemployment (lack of). The UAE also achieved number one in Quality of Air Transportation and Public-Private Partnerships. The UAE also came 2nd globally in Cyber Security, 3rd globally in Management of Cities, Maintenance and Development and 4th globally in Energy Infrastructure and Application and Development of Technology.
Government and Business Environment
In the Government Effeminacy factor, UAE maintained its 4th rank globally as well as achieved the No 1 rank globally in eight indicators, such as “Government Decisions”, “Immigration laws”, 2nd globally in “Adaptability of Government Policy” and “Lack of Bureaucracy”, 3rd in “Ease of Doing Business” and 4th globally in “Labor regulations”.
As for the Business Efficiency, UAE kept its 2nd rank globally and achieved the first rank globally in 7 of its indicators such as “Overall productivity”, “Industrial Disputes (Lack of)”, “Labor force percentage of total population”, “International Experience” and “Attitudes Towards Globalization”. UAE also came 2nd globally in “Entrepreneurship”, “Digital Transformation”, “Changing Market Conditions” and “Agility of Companies”. The UAE achieved 3rd globally in “Opportunities and Threats” and 5th globally in Use of big data and analytics.”
Commenting on this year’s performance, Her Excellency Reem bin Ibrahim Al Hashimy, Minister of State of International Corporation and Chairwoman of the Federal Competitiveness and Statistics Authority, said: “Under the guidance and direction of the UAE wise leadership, which is built on the continued and sustainable investment in human development and national talent, adoption of innovation and the non-stop development and improvement for the UAE economy; UAE has proven the effectiveness of its comprehensive developmental strategy that its government entities is implementing.”
“We wish to congratulate the UAE leadership and people for this great achievement and comment the collaborative efforts of all the local and federal government entities that worked hand in hand, in support of UAE international competitiveness and the progress it made this year,” added Her Excellency.
Malik Radwan Al Madani, Director of Competitiveness Strategy Deferment at the FCSA added that “No single entity alone can enhance competitiveness performance. It is the result of a collaborative effort between all the relevant local and federal government entities, through the commitment in the constant improvement of performance, the launch of impactful programs and initiatives that aim to extend services to businesses and individuals, thus, moving the nation’s competitiveness scale and contributing to the countries journey to become one of the best countries in the world by the year 2021.”
Global Rankings
In an analysis prepared by the Competitiveness Strategy at the FCSA showed that this year’s top 10 position was highlighted by extensive movement between competing economies. Most prominently, was the United States of America taking over Hong Kong as the Number 1 most competitive country. Hong Kong moved to 2nd followed by Singapore which moved up to number 3. The Netherlands captured the 4th place moving ahead of Switzerland that moved back to 5th and Denmark to the 6th place. UAE moved up to 7th place ahead of Norway, 8th, Sweden 9th and Canada 10th.
The IMD World Competitiveness Center, a research group at IMD business school in Switzerland, has published the rankings every year since 1989. This year 63 countries are ranked.
Al Mheiri: Data is key for UAE’s Future Food Security Strategy
Dubai, UAE, 28 February 2018
During her tour of the headquarters of Federal Competitiveness and Statistics Authority (FCSA), H.E. Maryam bint Mohammed Saeed Al Mheiri, Minister of State for Future Food Security underscored the importance of cooperation and identifying areas of collaboration between the two entities. The minister met with FCSA team and was briefed on the authority’s mandate and scope of responsibilities in managing global UAE competitiveness efforts, statistics and data portfolio and the realization of sustainable development goals.
Additionally, FCSA Team presented an overview of statistical indicators related to food security and discussed strategic aspects of statistical work, means of collecting data and making it accessible to stakeholders, particularly joint projects between FCSA and government entities, as well as the private sector.
During the meeting, the minister indicated the importance of collaboration with FCSA on the Minister’s initiatives and future projects, as well as FCSA’s role in supporting such programs through FCSA’s expertise in both statistics and competitiveness.
H.E. Al Mheiri said that she looks forward to further cooperation and future joint projects with the FCSA, specifically taking advantage of the entity’s expertise in the field of researches and knowledge products to support UAE’s Future Food Security portfolio.
H.E. Abdullah Nasser Lootah, FCSA Director General, said: “FCSA is keen to support federal and local government authorities in the field of statistics, data and global competitiveness ranking. FCSA’s expertise and competencies are all set to be at the disposal of H.E. the Minister and her team with the aim to achieve the desired goals and support UAE’s strategy to achieve food security,” he emphasized.
Following the meeting, Al Mheiri was taken on a tour of FCSA office and was briefed on the services and facilities highlighting the distinctive architectural design of FCSA headquarters and its impact on employees, inducing a creative work environment that stimulates productivity and innovation.
International day of sign language
His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, received, at his office at the Amiri Diwan, the members of the Higher Committee for Coordination of Statistical Work at the State level
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Intro to UNCEBD Task Team Training Competencies Capacity Level
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